OAK 0.00% 6.8¢ oakridge international limited

Ann: Response to ASX Price Query-XPE.AX, page-248

  1. 2,370 Posts.
    Another dismal day so far...

    Maybe a new substantial holder notice to come out in the next few days...

    Possible aggressive takeover on the cards...... Huge volumes changing hands.... But whose hands are they going in to..... Very aggressive manipulation and very quickly as well....


    If someone wanted out for whatever reason they would not push it down so quickly as it would defeat the purpose of making a decent profit..... But if someone wanted a lot of shares quickly the best way to get liquidity going for the cheapest price is to push the price down and keep buying on the way down... Or keep selling to yourself and pick up others shares on the way down...

    I think the company has to announce any change to substantial holdings within 3 days of the change...

    Will be interesting to see what happens in the next few days....

    Given the timing of the possible deals with the chippies being due, maybe one of them decided they would rather own the tech then have to licence it....

    Just a thought.... Trying to work this all out....
 
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1 30000 7.0¢
 

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Price($) Vol. No.
9.5¢ 1524 1
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